Vivint Solar Announces Pricing Of Proposed Sale Of Shares Of Common Stock
LEHI, Utah, Nov. 30, 2018 /PRNewswire/ -- Vivint Solar, Inc. (NYSE: VSLR) announced today the pricing of an underwritten public offering of 8,000,000 shares of its common stock at a price to the public of $5.50 per share. 313 Acquisition LLC, Vivint Solar, Inc.'s principal stockholder, is offering all of the shares to be sold in the public offering. In addition, 313 Acquisition LLC has granted the underwriters a 30-day option to purchase up to an aggregate of an additional 1,200,000 shares at the public offering price. The offering is expected to close on December 4, 2018, subject to customary closing conditions.
BofA Merrill Lynch is acting as lead book-running manager for the offering.
A shelf registration statement relating to the offered shares of common stock was filed with the Securities and Exchange Commission (SEC) on August 24, 2018 and declared effective on September 11, 2018. The offering will be made only by means of a written prospectus and prospectus supplement that form a part of the registration statement. A preliminary prospectus supplement and the accompanying prospectus relating to the offering have been filed with the SEC and are available on the SEC's website, located at www.sec.gov. Copies of the preliminary prospectus supplement and the accompanying prospectus relating to this offering may be obtained from BofA Merrill Lynch by mail at NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte, NC 28255-0001, Attention: Prospectus Department, or by e-mailing dg.prospectus_requests@baml.com.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Contacts
Rob Kain
Vice President of Investor Relations
855-842-1844
ir@vivintsolar.com
Helen Langan
Senior Director of Communications
385-202-6577
pr@vivintsolar.com
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SOURCE Vivint Solar
